1908 N Ocean Dr 1B & 2B package, Hollywood, FL 33019 — MLS photo

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1908 N Ocean Dr 1B & 2B package, Hollywood, FL 33019

Active · Condominium

$1,197,000

1908 N Ocean Dr 1B & 2B package, Hollywood, FL 33019

Beds
4
Baths
4
Living area
1,487 sq ft
$ / sq ft
$805/sq ft
Year built
2003
Lot size
—
HOA fee
$868 Monthly
Annual tax
$8,651

About this property

2 one story waterfront bungalows that can be combined as a 4/4 or SPLIT INTO 4 RENTABLE units. Short term rentals allowed! You can live in 1 and rent out the others. Optional DOCK space included for an additional $126K. Its a 24' dock or larger if you add a perpendicular floating dock as the neighbors have. Truly charming with high ceilings, Dade County Pine wood beam ceilings, marble floors, mosaics, artistic details, Plantation shutters, 4 marble & tile bathrooms, 3 kitchens and 1 kitchenette, 2 washer dryers and hurricane impact windows & doors. Option to finish huge rooftop deck allowed in bylaws. Well-maintained building is a boutique complex of only 16 units, but you will be buying the WHOLE MIDDLE BUILDING! Other amenities include pier, Kayak and bike storage and assigned parking spaces. LOW HOA FEES. Great 1031 exchange property. All on Ocean Drive across from the beach in the action of Hollywood Beach Broadwalk, cafes, shops, music, & more. Total Gem!!!

Property location

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1908 N Ocean Dr 1B & 2B package, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
1,487 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior features
Bedroom On Main Level, First Floor Entry, High Ceilings, Main Level Primary, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2003
Stories
1
Construction
CBSConcrete Block Structure, Block
Exterior features
Deck, Patio
Waterfront
Canal Access, Fixed Bridge, Intracoastal Access, Navigable Water
View
Intercoastal, Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$868 Monthly
Fee inclusions
Insurance, Maintenance Grounds, Maintenance Structure, Roof, Sewer, Trash, Water
Amenities
Boat Dock, Bike Storage
Pets allowed
No
Annual tax
$8,651
Subdivision
Package 2 units+DOCK avail
County
Broward
Days on market
258
MLS listing ID
A11941858
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,590

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.3%
Gross yield
6.0%
Mortgage payment
$5,674/mo
Down payment
$299,250
Loan amount
$897,750
Annual NOI
$37,008

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.